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Italy to offer lower power prices to industrials from 2025

Italy will next month propose a framework to reduce energy costs for energy-intensive industries to help them remain competitive while boosting renewables projects, effective from 2025, a source familiar with the legislation told Montel on Monday.

read more... 24/09/2024

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Global renewable energy capacity could triple by 2030

Tripling global renewable energy capacity by 2030 is a realistic target but will require significant global efforts to overcome key challenges.

read more... 24/09/2024

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Daily (23.09.2024): British gas prices surged on Friday amid uncertainty surrounding the Ukraine gas transit deal

Oil prices eased on Friday as optimism over US interest rate cuts cooled off. Brent crude dipped by 0.5%, closing at $74.49 per barrel, while WTI crude dropped by over 1%, settling at $71.00 per barrel.

read more... 23/09/2024

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Iberdrola inaugurates €2.4bn Saint-Brieuc offshore wind farm in France

Spanish utility company Iberdrola has inaugurated the 496MW Saint-Brieuc offshore wind farm, situated 16km from the coast of Brittany.

read more... 23/09/2024

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Czech Republic selects Rolls-Royce SMR for small reactors project

The Ministry of Trade said that the applicants were approached "on the basis of their potential suitability for placement in the Czech Republic ... Rolls-Royce SMR emerged as the best company with which ČEZ (the Czech nuclear power company) wants to establish a strategic partnership". The government will now carry out a "safety assessment of the British company" as was done for those who bid for the recent large nuclear units contracts - involving the Ministry of the Interior, Security Information Service, ÚZSI, Military Intelligence and other key institutions to ensure it complies with the state's security requirements.

read more... 23/09/2024

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